The IRS recently issued Rev. Proc. 2024-25 in which it announced cost-of-living adjustments for Health Savings Accounts (HSAs), High-Deductible Health Plans (HDHPs) and excepted benefit Health Reimbursement Arrangements (HRAs). These changes will become effective in calendar year 2025 for HSAs and HDHPs and for plan years beginning in 2025 for HRAs. With the exception of catch-up contributions to HSAs for individuals aged 55 or older, all dollar limitations will increase from 2024 to 2025. See the chart below.
For more information about HSAs or health insurance in general, contact RMC Group to speak with one of our Health Professionals at 239-298-8210 or [email protected].
